ISLAMABAD: Pakistan maintains adequate fuel stocks to meet immediate demand despite fluctuations in global oil markets, following a comprehensive review led by Finance Minister Muhammad Aurangzeb.
The cabinet committee examined the nation’s fuel inventory in detail, noting that diesel reserves can cover consumption for 24 days, while petrol supplies remain satisfactory. Crude oil stocks currently provide around 11 days of supply, with additional shipments en route to replenish reserves.
Import planning for petroleum products in April has been finalized, ensuring that fuel availability will remain stable throughout the month. The finance minister emphasized the need for vigilant monitoring to prevent hoarding and to enhance the efficiency of the supply chain.
In a significant development, Aurangzeb highlighted ongoing efforts to establish strategic petroleum reserves at the national level. He reassured that Pakistan’s fuel supply situation remains stable despite the challenging conditions in the international market.
Given Pakistan’s heavy dependence on imported fuel, managing stock levels and import schedules is crucial to safeguarding the domestic market from price volatility and supply disruptions.
